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20120928
20121006
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the internals were on the ism. i talked to charlie evans this morning. he was one of the advocates of what we're calling the q.e. infinity program, the idea of keeping your foot on the accelerator, the central bank keeping its foot on the accelerator as long as employment remained above 7%. just a little background, the fed did not go with evans' specific proposal but did create an open-ended quantitative easing. so i asked him, how open-ended is it? what happens at the end of this year when operation twist ends? what happens to additions to the balance sheet? here's what he said. >> i frankly think it's going to take almost a year in order to see the type of improvement in labor markets that i'm expecting, just getting through the first half of next year with the headwinds that we're facing. i think that it's probably later in 2013 that we would get there. so in my opinion, we'd continue with those asset purchases until we see payroll employment more like 200,000, 250,000. >> continue at $85 billion into all of 2013? >> this is my recommendation. >> it's important to parse it just a little b
situation this morning. >> good morning megan and charlie. that fire has shut down fleet street that's going to be right between broadway and south m. street. stick with eastern avenue as the alternate route. we have several to watch out for. trouble on route 295 where there's a crash right along the northbound lanes at 695. you will want to expect heavy delays on the beltway. that west side jammed from 795 down to route 40. here's what the beltway looks like in parkville at harford road. inner loop jammed down to 95 and that outer loop extremely slow all the way up to providence road. that's a look at your traffic. now here's lynette charles with a look at the forecast. good morning lynette. >>> good morning lauren. and we're dealing with wet weather out there this morning. maryland's most powerful radar picking up son only showers -- on some showers from harford county into virginia. it will be scattered showers as we go throughout the day, also going to get some sunshine in here before it's all said and done. don't worry about that. but grab the rain gear out and about. we're looking at t
equilibrium model and see if, perhaps, we can do with a 31-inch yard. that's what charlie evans is saying, in effect, they are seeing into the future, they say, and improving the future, but before it can come to pass. d tt succeeding. >> i think 34 -- if you're going to measure a yardstick in another realm, it is 34.3, isn't it? >> no, it's 36. >> it's relativity. length contraction time -- >> that's part of the problem. that's part of the problem. >> you've heard of length contraction and time dilation, right? >> we should talk in simple terms, joe. >> not general relativity. but einstein made a fortune in physics. so you're saying that -- i mean at 8%, you're not feeling the pain of all these people that are out of work. and we've got no fiscal solutions, we've got a deadlocked congress, congress can't do anything, they're the only game in town. that's got to help. >> empathy is not the way forward. the way forward is to think through the problem. >> it is staggering that they think they need to make -- >> they have an atlas complex, which is not helping. >> they should be shrugging. >
Search Results 0 to 2 of about 3